LeFraud James’ School Is A Scam, Here’s Who’s Really Paying For It

He’s only paying “for part of it.”

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While the left-wing media spent last week lavishing praise on NBA start LeBron James for “opening” the I Promise School in Akron, Ohio, one local media outlet took the time to crunch the numbers and discover the actual truth.

“You wouldn’t know from all the national coverage that LeBron James isn’t paying for everything at his new I Promise School in Akron,”  Patrick O’Donnell of The Plain Dealer reported over the weekend. He’s paying for part of it.”

That’s because it’s not a private school; it’s a public one whose “construction” LeBron helped fund via his LeBron James Family Foundation, which acquired the money by soliciting donations from donors such as Harvey Weinstein. Also keep in mind that every buck the foundation has spent on the school is tax deductible.

The foundation will specifically be paying for less than 25 percent of the school’s operating costs, according to Cleveland-based newspaper, which estimated that “the district will pay more than half the costs — perhaps around 75 percent – once [the school] is fully running.

“I Promise will eventually cost about $8 million a year to run out of the district’s regular budget, covered mostly by shifting students, teachers and money from other schools.”

The coverage made it look like the whole thing is his,” district spokesman Mark Williamson reportedly complained. “He did a lot, but taxpayers should know it’s their investment too.”

The Plain Dealer reported that LeBron’s foundation intends to spend “$2 million or more a year when the school has grown to capacity,” though it cautioned “[t]he exact amount is still to be determined,” meaning it could conceivably wind up spending less, or more.

And then there’s this: The free tuition/scholarship to the University of Akron that LeBron guaranteed to students who graduate from the school will in fact reportedly be funded by the university, not him or his foundation.

While I suppose LeBron deserves praise for funding the school’s “construction” — or, rather, the redesigning and refurnishing of the old building that houses the school — it’s a whopper of a lie to call the I Promise School his school, ergo why I’ve chosen to refer to this endeavor as a scam.

And because he exposed this scam,  Patrick O’Donnell of The Plain Dealer might want to watch his back

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